Cravath’s London Office Moves to 100 Cheapside
On November 3, 2015, IBM announced that it has acquired Gravitant, Inc., a privately held company that develops cloud‑based software to enable organizations to plan, buy and manage software and computing services from multiple suppliers across hybrid clouds. Cravath represented IBM in connection with this transaction. Financial terms of the deal were not disclosed.
The Cravath team included associate Eric D. Rinder ad foreign associate attorney Tomas E. Di Cio on M&A matters; associate Michelle M. Garrett on executive compensation and benefits matters; senior attorney Andrew Carlon and associate Dmitry Zelik on tax matters; and partner Matthew Morreale on environmental matters. Brian B. Kennedy also worked on executive compensation and benefits matters.
Deals & Cases
April 07, 2025
On April 7, 2025, IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients get their data ready to fuel AI‑powered business operations. Cravath is representing IBM in connection with the transaction.
Deals & Cases
September 10, 2024
On September 9, 2024, IBM announced its intent to acquire Accelalpha, a global Oracle services provider with deep expertise helping clients digitize core business operations and accelerate adoption of Oracle Cloud Applications. This acquisition expands IBM's Oracle consulting expertise in supply chain and logistics, finance, enterprise performance management and customer transformation. Cravath is representing IBM in connection with the transaction.
Deals & Cases
February 20, 2024
Cravath represented IBM International Capital Pte. Ltd (“IIC”) and International Business Machines Corporation (“IBM”) in connection with IIC’s $5.5 billion registered notes offering. IBM is a guarantor of the notes. IIC is a wholly owned finance subsidiary of IBM, a globally integrated innovation company, serving the needs of enterprises and institutions worldwide. The transaction closed on February 5, 2024.
Deals & Cases
January 25, 2024
On January 18, 2024, IBM announced it has signed a definitive agreement to acquire application modernization capabilities from Advanced, bringing a combination of talent, tools and knowledge to enhance IBM Consulting’s mainframe application and data modernization services. Cravath is representing IBM in connection with the transaction.
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